Guang Zhao

Liaoning Energy Investment (Group) Co. Ltd. engages in the operation as an investment holding company focused on power generation. It operates the provincial-level power construction fund and manages provincial-level power assets, and is an energy investment and financing platform. Its business segment includes power supply, agricultural construction, and real estate. The power supply is based on electric energy, supplemented by key infrastructure construction. The agricultural construction is based on key infrastructure, high-tech industries and agricultural industrialization. The real estate is based on the project including railway passenger dedicated line, tax-controlled cash registers and a multi-tax electronic tax declaration system, motor manufacturing, agro-ecological demonstration parks, ice wine, and real estate projects. The company was founded on April 20, 1993 and is headquartered in Shenyang, China.

Liaoning Energy Industry Holding Group Co., Ltd. engages in the production and sale of coal. Its business activities include power generation, real estate development and lease, research and management consulting of engineering and technologies, building construction, warehousing, and investment and management of new energy, coal coking and gas production, coalbed methane, coal chemical industry, petrochemical industry, and natural gas. The company was founded on November 8, 2018 and is headquartered in Fushun, China.